The ZAR Exchange Rate Thread

[aleksandar]

So question is, wait a bit to acquire some forex or buy now?

 

[Garson007]

So question is, wait a bit to acquire some forex or buy now?

****'s not getting better and the big EWC hedge is coming up.

 

[TehStranger]

R14,56 to the Dollar
R16,55 to the Euro

Hello Monday.

 

[NarrowBandFtw]

Here's a price to keep track of as well in this volatile exchange rate environment:
R87 per litre

 

[phant1m]

Holy smokes. And not awhile ago it was at 11.55. Things are crazy.

 

[Lupus]

Holy smokes. And not awhile ago it was at 11.55. Things are crazy.

That was a good couple of months ago now unfortunately.

 

[Vox Populi Vox Dei]

Just a reminder that the #ZAR is the most traded #EM currency in the world as a % of GDP ..a madly high 19% of GDP ..so very volatile

https://twitter.com/RencapMan/status/785766936684683264

 

[Mephisto_Helix]

Never linked to anything the clowns in charge say and do ....... uh huh

 

[Acid0]

Totally ridiculous statement. Everything plays a role.

Especially when the investors are not sure what will happen to their investments in property.
So yes at some degree our local policies or lack of it does not help either

 

[Azg]

Got, i realy need the 90% plus of the black population of this fokrn country to step up to the plate and fokrn start bating, its been 24 fokrn years people, start fokrn contributing instead of eating what was left by the apartheid witous!

Yea, i am looking at you BEE.

You fall off the stupid tree? And hit every branch on the way down by the looks of your post.

.

 

[yebocan]

View attachment 544361



https://twitter.com/RencapMan/status/785766936684683264

dankie!

 

[JayM]

14.06 - quite a substantial recovery so far. I wonder how much scope for further recovery there is before EWC and other ANC nonsense starts to bite.

 

[Sinbad]

If Cyril announces a decent NDPP today, we might see some recovery?

 

[Ho3n3r]

If Cyril announces a decent NDPP today, we might see some recovery?

:crylaugh:

 

[JayM]

If Cyril announces a decent NDPP today, we might see some recovery?

Acting NDPP, so not sure too much can be read into the appointment.

 

[Sideshow Bob]

If Cyril announces a decent NDPP today, we might see some recovery?

Definitely, I am hoping Cyril will fix euros & all other emerging markets also.

http://www.dnaindia.com/business/re...ll-time-low-of-7009-against-us-dollar-2649633

https://www.cnbc.com/2018/08/13/for...ors-bid-up-safe-havens-on-turkish-crisis.html

 

[cerebus]

1 United States Dollar equals
14,65 South African Rand

good times

 

[Garson007]

What's causing today's spike? Turkey is moving in the opposite direction.

 

[rietrot]

What's causing today's spike? Turkey is moving in the opposite direction.

Price manipulation. Someone with some power got scared of what would happen should turkey crash.

 

[chicken247]

.

yer point be moot in the face of the fiscal cliff., Apartheid 2.0 is real. I wanted this thing to work , but TIA.
NO SUCSSESSFULL AFRICAN DEMOCRACIES . Gargle that.